Ex-MPX Accepts OGX Debt in Exchange for Asset

Oct 29, 2013

Eneva, the Brazilian generator known as MPX until control was sold to E.ON, has agreed to go on the hook for BRL200m ($92m) in OGX debt, in exchange for control of an OGX gas company. If OGX defaults, Eneva will pay the amount to Itau, Morgan Stanley...